Skip to main content

About your Search

20121021
20121029
STATION
LANGUAGE
Search Results 0 to 14 of about 15
CNBC
Oct 25, 2012 3:00pm EDT
earnings has been a romney presidency, means bernanke gets replaced. that's what's driving markets. unfortunately, the answer for investors is going to have to be the election and who replaces bernanke over the next six months or so. once you get past that, i think you can get back into ma wha the policy differences would be. for now, i would stay neutral to long stocks because i'm not 100% sure that romney is going to win, but if i thought he was going to win, i think that would be a short-term negative only because it changes the equation with with the fed and not necessarily with policy. >> so short term negative for stocks? >> no, short-term -- >> because there's a real debate there. the equity guys say romney would be a short-term positive for equities. >> if romney's elected and bernanke leaves, that changes the equation. that's, i think, a concern that's been in the market for the last week or so. i understand what they're saying about the short-term positive. but i think this market's about monetary stimulus. it's about the fed. that's what's been driving it. if romney wins
CNBC
Oct 24, 2012 3:00pm EDT
frank? and what do you think about this whole debate over dodd frank? if governor romney gets elected, he says he's going to make changes and repeal aspects of the law. how do you see this playing out? >> he's not going to be able to repeal it because the republicans have voted many, many times in the house and haven't voted to repeal any aspect of the reform bill. it's popular with the public. it's the most popular thing we've done. what mr. romney would do if he got elected, which i do not expect, but if he were to be elected, he would appoint people who wouldn't operate it, who wouldn't use the rules. we'd go back to where we were before. we didn't have enough regulations, but we had some. we had regulators who wouldn't use. that's what would happen. as to the implementation, first of all, i'm happy with it. these are complicated things. look, one of the biggest problems we have, the biggest change i would have made if i had a magic wand, i would emerge the commodity exchange commission. it shouldn't overlap. one from the agriculture community, one from the financial. i'm very glad
CNBC
Oct 22, 2012 3:00pm EDT
. congressman paul ryan, mitt romney's running mate, has called the payroll tax cut sugar high economics. that 2% at a roll tax cut on wages is used to fund social security. aarp arguably the most powerful lobby for seniors says after two years a further extension sets a bad precedent in undermining funding for social security. it will be over the fate of the bush tax cuts especially for rich americans versus extending middle class tax cuts. so can we say negotiations? >> can we is the question. thanks, hampton. how will this battle play out? andrew fieldhouse is with economic policy institute. he says allowing social security tax cut to expire puts too much drag on the economy right now. alex is an economist and research fellow at the american enterprise institute who thinks the tax cut was and still is a bad idea. andrew, why should the payroll tax cut be extended? >> it's premature to withdraw any fiscal stimulus at this point. both sides of the aisle are concerned now that it will push the economy back into a recession. it's important to understand that expiring ad hoc fiscal stimulu
CNBC
Oct 23, 2012 3:00pm EDT
and through the end of the year. the market wants romney to win. the market's going to rally if he wins. the market's going to sell off if obama wins. from here until two weeks from today, i think the market's going to continue under pressure. the question s do we continue with that pressure into year end or do we reverse it on an emotional high from a romney victory? 2013 is going to be a different story, but the last two months of the year will be purely on election emotion. >> and let me bring up another point. there was a story in "the new york times" this morning that ben bernanke is telling people privately he doesn't want a third term as fed chairman at this point. how much of that could be part of the selloff? >> i wouldn't link it to a rumor. it's too broad based and seems to be too much tied to the earnings announcements. having said that, while i think an election is important, i'm not sure which candidate is actually going to be good for the market. the reason is, to the extent we see a significant pullback on the spending, even by the government, i'm not sure that's go
CNBC
Oct 26, 2012 3:00pm EDT
? >> we're going to go deeper into it unfortunately. even if romney wins, we'll continue to repeat the same mistakes. obama is repeating the mistakes much bush and the fed is still there, ben bernanke has been repeating the mistakes of gre greenspan. jo think we have change until we have a monetary crisis. that is looming on the horizon sometime soon. >> folks, thank you for joining us. we'll see what happens here as we head into the final hour of trade. >> bob insana was driving the market? >> the fact that apple isn't having the volatility that people thought. we were lower, 1.5% to the downside but apple is essentially flat on the day on huge volume. north of 30 million shares, that's what driving things today. there's a lot of talk about the impact of hurricane sandy but not a lot on the stock market. there's been play on roofing and water proofing company up a little bit here. rpm and wr grace do a lot of water proofing but i don't see heavy volume. insurance companies, understandably, some of the ones with exposures, little weak. travelers and chubb, not big volume in them. white
FOX Business
Oct 26, 2012 3:00pm EDT
romney wins it will be a big plus for the market but it is so close i don't think the market is reacting one way or the other so we have to wait for the results before we get reaction from the market. third quarter earnings have been a little anemic and guidance even more anemic. the market had a reasonably decent pullback for. you get a lift when there is lack of news or decent economic news but the fact is the jews seems to be gone and i don't know what it will take to get it going again. perhaps a romney victory and if that is not the case then it becomes -- i don't know where we are going. liz: i have three hedge fund managers tell me since romney has been in the lead the markets have gone down. you never know. we have to rush but thanks. have a great weekend. another big week on countdown to the closing bell. just in case you miss anything here are the movers and shakers who join us. >> western companies would act as strongly, western governments have done a good job with sanctions and having a huge effect on the iranian economy and that leads to real change and government sanctions
FOX Business
Oct 22, 2012 3:00pm EDT
plenty of rhetoric on the campaign trail. mitt romney said he would leave china a currency manipulator on day one. that's those who invest in importing businesses might not like to hear. take a look at what they say on china this evening. also oil. much will be about middle east. what a potential romney administration or second term of obama administration has in store for middle east. that has everything to do with oil. there's trouble there, price of oil goes up. this is a matter of president obama's policies, favor some type of stock you invest in, you want him to deliver a strong performance, same from governor romney. we've been hearing from some romney aides that he wants to talk about the economy as much as he can, to talk about europe and their debt problems and prevent that from happening here. also plenty other things. they will try to force an economic message as much as they can tonight. we will be ready to listen. liz: china is an interesting excellent point to bring up because suddenly it is whoever is harder on china won't be as good for companies trying now
CNBC
Oct 22, 2012 4:00pm EDT
probably going to win and the market would rather see romney. if that turns out to be true, i don't think that causes panic but we lose some of the enthusiasm. it's been a great year for stocks. i think we start to lose some of that enthusiasm if in fact obama goes onto win. >> partly this market reversal here from very strong rally mode earlier in the year on central bank easing and fed stimulus has turned as a result of earnings. herman, let's talk yahoo! for a moment. waiting on numbers to come out. are you expecting yahoo! to have seen what some of the other technology names have seen and that is a slowdown? >> for yahoo! it's different. obviously google's earnings last week set up an expectation to be not that high for yahoo!. and yahoo! is going through a change in regime whether it's the ceo, cfo, as well as head of sales. not expecting much for numbers there. the focus will be more on the company strategic direction and growth opportunities going forward. >> david, what do you think? >> what's more important here is the fact that microsoft's numbers that came out last week were we
FOX Business
Oct 23, 2012 3:00pm EDT
of the view that mitt romney were to win the election and my sense is since he is a capitalist, my sense is wall street would prefer him and you have the senate and the house go republin bill this week. liz: cannot jump and about that? two hedge fund managers said why somebody pointing out that since mitt romney has taken depending on which portfolio you look, taken the lead since the first debate the market has been down, the market has had some really ugly days, to whic the which wee not seen in months. what makes you believe some type of romney victory when it has been down since he took the lead will somehow show a reversal here? >> trying to answer your question about what could be a surprise to the upside for the market, that is really quite to say since mitt romney caught up to barack obama but somehow that is the cost of the market going down. let's get a reality check. the reality is that maybe going down because it realizes there is nothing new coming out of the fed for some time. with the qe3 plus. a mortgage-backed security bond, but that is already in the market to wha
CNBC
Oct 26, 2012 4:00pm EDT
romney has a set of policies that really focused on growing the economy. and his sole and single focus on creating jobs in the united states in the set of policies will lead to significantly higher gtp growth than over the last four years. i think there's a consequence as to who wins the election as opposed to the fact there will be quote/unquote certainty. >> if you think president obama wins re-election, we sort of muddle along and not headed towards growth then? >> again, i think if you look at what's happened over the course of the last four years, but particularly the last 18 months, we've seen significant desell race in growth. i think that has much to do with the set of policies that been problematic in terms of job growth in this country and also fundamental growth of overall gdp. >> can governor romney win then do you think? it's an incredibly tight race. >> you tell me. i think people have seen the real mitt romney, the individual who has had an incredible track record of success, solving complex problems both in the private sector at bain years ago but also in the public soc
CNBC
Oct 25, 2012 4:00pm EDT
before about the market pricing and a romney victory. i think no market is priced more aggressively than the commodities market. i have a chart i'd love to pull up now. if you follow president obama's numbers on trade and overlay with the goldman sachs commodity, the fortunes are almost the exact same chart. the market's worried that if romney gets elected, all this money printing, the quantitative easing, that stuff might be over. it could be bad news for the commodity trade. >> all right. we'll leave it there. thanks, everybody. really appreciate it. we'll keep watching this market, which ended high we are a late burst of buying. we have breaking news on decker's outdoor. >> maria, this is what i like to call a who knew what when story. if you look at deckers right before the close, the stock took a really big hit. down quite a bit in the 30 minutes before the market closed. company came out with results. they were okay. it's the guidance that counts. you've got to listen to these numbers. the company now says sales in 2012 would increase by 5%. that's compared with its earlier gu
FOX Business
Oct 24, 2012 3:00pm EDT
let whispers out that he is not going to take the position if it is offered to him again. romney said he would not offer him the job if he were to get in so he is setting the stage. that will be the wild card going forward to see if he wants to leave a significant imprint but the market itself is a healthy normal pullback, nothing to panic about. this is an opportunity where individual investors should be adding to their portfolio. i don't think the correction is over. we have a lower to go. housing stocks put on a great show. you have to be careful because you just witnessed the christmas season selling and traditionally they come off after the season. it is a great show on the plus side but as you pointed out the mortgage rates and mortgage applications have dropped dramatically search buying houses with gold or their own money but not using mortgages. liz: when you see those come down you wonder about the $40 billion the fed exempted every month since last time, but let's get to the nymex because i was looking at this price. slightly above $85 a barrel. we were told on monday this
CNBC
Oct 23, 2012 4:00pm EDT
say billions. leading a vanguard of wealthy owners to a super pac supporting mitt romney. we'll talk about mitt romney's prospects for victory, what that could mean for the market, and where he's putting money right now. >>> up next, ex-goldman sachs banker greg smith hoping his new book will catapult to the best sellers book. he'll sit down with me after the break about what's in that book. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. >>> welcome back. first, greg smith sent this fiery resignation letter to goldman sachs that was published as a "new york times" op-ed. that raised the curiosity of outsiders about the secret nature of the bank. people leave goldman all the time
CNBC
Oct 24, 2012 4:00pm EDT
bernanke, even if he stays until 2014, if it looks as though mitt romney is going to win, i think the market has to make an adjustment long before the fed chairman actually leaves his post next year. >> all right. so you're talking about a change in the white house as well as a change in the federal reserve. thanks, guys. really appreciate your time tonight. see you soon. >> thank you. >> bob, this market today under some selling pressure. not a bad day, though. fractional moves. >> i think the big hope was that the fed would sort of make some comment about the economy. really didn't happen. there was a bit of a delayed reaction. a very narrow trading range. take a look at the dow jones industrial average. we've been drifting lower for the last several days. we're doing a little bit of technical damage. the hope i had this morning was that maybe they'd upgrade their outlook on housing at least. look at the home builders today. new home sales, highest since april 2010. we got some of the housing starts numbers that were the best in years. i thought they'd upgrade that. they didn't
FOX Business
Oct 25, 2012 3:00pm EDT
romney gets the presidency? >> the issue is the fiscal cliff, which is if nothing is done, the economy is going to contract by 4% next year. liz: do you think the market tanks on that, would you short things or at least hedge? >> i would hedge. i wouldn't short things because it seems like this market is on a sugar high and has a life of its own. liz: especially because of the fed and all the propping it's done. >> absolutely. liz: that doesn't go away at least for the short-term. >> no, in fact it's a given i think it will be there for quite a while. the question for investors market is up over the past year, if you recall last october it looked like the world was coming to an end. there was a lot of pessimism. right now it seems like the world looks pretty good. investors are complacent. they are confident. so for us historically when that has been the case, that's when we're wary. liz: even a downgrade of the united states triple a rating back in august, remember that, it was nothing, okay. at what level will you make your move? back this past august you went from 20% cash from what
Search Results 0 to 14 of about 15